Nordic Semiconductor ASA (GB:0FF9) has released an update.
Nordic Semiconductor has announced a strategic realignment that includes an 8% global workforce reduction to enhance efficiency and focus on critical programs. The restructuring, costing around USD 5 million, aligns with the company’s goal of maintaining a flat cost base by 2025. These changes are part of a broader strategy to optimize operating expenses while supporting impacted employees during the transition.
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